Search results

0705 EST I won't have time to watch, but I believe that we do have a chance to hit 115 210 before the 0830 EST report. If we do and you've been short since 116 010, I would definitely exit there until after the reports.

0700 EST Pre-market analysis for Thursday 13 August 2009 My bias is short. I'm looking to short the following levels: 116 135 116 090 116 010 The above are standard MP levels. They are not "for the first approach only" trades. I have none of those today. My target for any...

0911 EST I'm looking for a re-test of today's highs and a possible run to 116 210. Given the activity so far it is hard to say though. 116 130 may be it.

0718 EST The two best times to trade today are: 0730 EST and 1000 EST I will look to taking on more size than normal there, but will probably initially take a 4 lot at most and add to the trade if we have a stair step pattern.

0715 EST Pre market analysis for Wednesday 12 August 2009 Generally speaking I'm very wary of days like today. The following news items tell the tale: 10-Yr Note Auction 1300 EST Treasury Budget 1400 EST FOMC Meeting Announcement 1415 EST I will only be trading up until...

1055 EST They are definitely playing games right now. Also, a buy at 115 275 is now the second trade of the day. They can play games but they can't play with my levels. Bwahaaa (Dr. Evil laugh) I had a buy for a 4 lot at 116 010 on the way down from the highs, but as soon as we started...

0952 EST I'm going on record as saying the trade of the day occurred at 0939 on the 1 minute bar, going long at 115 310. If you know why, you know all you need to know about trading. With that said, I didn't take the trade, AGAIN. Distracted posting here. I really need to take that...

0945 EST Funny story. My hobby over the weekend is playing around with various trading related ideas and either writing strategies in NinjaTrader's application or writing my own code for some various neural networks I use. One of my nets has a bit of a hit or miss with the signals. Just...

When I said they would play with us, what I meant is that they will bounce us back and forth around the '000's. I don't know if I will trade anymore today, BUT if I were to trade, 115 275 might be good for a small buy. A scalpers guess right now would be that we play around in the 30's and...

Trades made.

Yes, I certainly was. As a matter of fact, I couldn't post this due to time constraints, but I actually got out at 115 250 for that very reason and got back in again at 115 260. Here is a chart of my trading this AM for documentation purposes.

Thanks ivanbaj! My heart is racing a bit and I feel like I drank two espresso's which is NOT a good thing long-term. My goal is to be even keeled throughout all possible outcomes.

0920 EST OK folks, I'm taking a break from ET for an hour or so or maybe for the day. I spent way too much time and energy posting my trades here this AM. You know the deal. The best trades for the last hour are now over. They will play with us now for awhile. Bottom line, as of this...

0915 EST I'm only holding one lot now. UPDATE Out of everything. Best price was 116 000.

0912 EST This is really irritating. You know what they are doing. Get rid of the little guy by making him exit or sell short then drive prices higher. 0913 EST OK we jumped to 115 295 while I was posting. Time to really pay attention for the exit.

0907 EST Take some off in the 30's just to be safe, but I'm banking on at least 116 010 and probably a lot higher if we start running the shorts.

0905 EST The high just before the report on Friday was 115 275. The moment of truth is now....115 270 as I post.

0902 EST This is just a best guess, but look back to 07 Aug 2009. Read my post. See how we were blindsided? If we can approach the highs there just before the 0830 EST report on that day, there is a chance we will have a run on stops.

0859 EST My first target for our upward move today is 115 305 followed by 116 010. I'm in at 115 235 and watching closely as entries near the day's high tend to bite you in the end.

The above is one of the most valuable posts ever made here on ET.